ilmscore | Prediction Details
"if you are doing tax evasion 100 to 300% of tax penalty can be applicable... If you are let's say trying to evade 1 lakh rupees of tax you might need to pay three lakh rupees as the penalty."
By Finance With Sharan | June 2, 2025 | Correct
From video
The Ultimate Indian Tax-Saving Masterclass (Salary, Business & Investments) | The 1% Club Show Ep62 00:26:06 - 00:26:20
Interpreted Prediction
Tax evasion can result in penalties ranging from 100% to 300% of the evaded tax amount.
AI Evaluation Notes
The prediction that tax evasion can result in penalties ranging from 100% to 300% of the evaded tax amount is accurate based on current search results. Penalties can indeed reach up to 300% of the evaded tax, confirming the original prediction.

Prediction Details

Topic
Tax Evasion Penalties

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